The Public Investment Program (PIP) for the 2026 fiscal year plans to implement 3,500 projects, with a budget of 5.1 billion kwanzas, prioritizing poverty alleviation and the completion of social infrastructure.
According to the National Director for Public Investment, Laércio Cândido, in statements to the press, the Angolan government has prioritized projects related to poverty alleviation, which includes 977 projects under the “Integrated Program for Local Development and Poverty Alleviation.”
He emphasized that the investment portfolio for that year aims to continue the country’s socioeconomic development strategy, and within this framework, the Integrated Municipal Intervention Plan (PIIM) includes approximately 900 projects, with more than 400 schools expected to be completed this year.
At the same time, he added, some 264 large-scale infrastructure projects are also underway, which are crucial for generating positive spillover effects across multiple provinces.
Meanwhile, Laércio Cândido highlighted that the PIP for 2026 calls for the completion of 300 projects by the end of the year, focusing on education, agriculture, infrastructure, energy, and public administration, with a budget of 5.1 billion kwanzas.
2025 Budget Statement
Regarding the results of public investments in the previous year (2025), financial disbursements totaled 6.2 billion kwanzas, enabling the completion of 113 projects across the country.
“The year 2025 demonstrated that, with public investment, it was possible to deliver schools and hospitals, rehabilitate and build more than 700 kilometers of roads, and expand household water and energy connections across the country,” the official emphasized.
New Legal Framework for the 2026 State Budget
When asked about budgetary discipline in fund management and legal innovations, Laércio Cândido assured that the PIP does not allow for unscheduled spending, “execution follows a strict physical and financial schedule,” he asserted.
He added that everything is planned annually based on the priorities of the National Development Plan (PDN) and the availability of resources.
The director also highlighted that the new law governing the General State Budget (OGE) for 2026 introduces important clarifications regarding the transfer of projects between central and local government, eliminating legal loopholes that hindered administrative management.
The new law governing the OGE/2026 introduces important innovations, such as clarifying the responsibilities for the transfer of projects between the central and local governments, filling a previously existing legal void.
Source: Angop
